YOU ARE HERE: LAT HomeCollectionsStock Price

Stock Price

August 19, 2013 | By Chris O'Brien, This post has been updated. See the note below for details.
Apple's stock price skyrocketed again on Monday, leaving investors rejoicing and wondering just how long this latest bull run can last.  In mid-day trading, Apple's stock was up $9.80 or 1.95% to $ 512.13. Last week, after investor Carl Icahn announced he'd taken a big position in Apple, the company' stock also went on a tear.  PHOTOS: Top smartphones of 2013 Last Monday, Apple's stock closed at $ 467.36. Icahn revealed his investment mid-day on Tuesday.
April 22, 2014 | By Stuart Pfeifer
Canadian company Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman moved forward with their plans to acquire Botox maker Allergan Inc., offering shareholders about $46 billion and touching off what could be a contentious fight. Several industry analysts said they expect Allergan to reject the offer as too low, and said a fierce boardroom battle may be on the horizon. An issue certain to alarm Allergan is Valient's announced plans to slash research and development spending at the Irvine company.
January 28, 2013 | By Chris O'Brien
After getting pounded last week, Apple's stock got a reprieve from investors on Monday, rising $9.95, or 2.3%, to $449.83.  But how long that will last remains to be seen. Analysts continue to lower their target for Apple's stock price, which has fallen dramatically since it peaked at $702.10 last September.  QUIZ: Test your Apple knowledge Back on Sept. 19, when the stock reached the closing high, a consensus of 63 analysts on Bloomberg had a target price of $ 777.67 for the next 12 months.
April 13, 2014 | By Stuart Pfeifer
Jack, the round-headed fictional chief executive in Jack-in-the-Box commercials, is not only a hit on television. He's also popular on Wall Street. In the last year, investors have driven the company's stock price up more than 80% - and industry analysts are bullish about the company's future. Jack in the Box Inc.'s profit was up sharply in its recently completed fiscal first quarter, as sales increased at its flagship restaurants and at the company's other brand, Qdoba Mexican Grill.
October 31, 2012 | By Andrea Chang
It's been a rough day on Wall Street so far for Apple, which has seen shares fall as much as 2.7% in morning trading. Wednesday is the first day of trading since Apple Chief Executive Tim Cook announced a management shakeup that included the departures of John Browett, the head of retail operations, and Scott Forstall, who oversaw the company's widely panned Siri and Maps app products. Shares fell as low as $587.70. At 11:45 a.m. Pacific time, they were at $600.95, down $3.05 or 0.5%.
January 22, 2006
In the Jan. 14 editorial on executive pay, I was struck by the lines that said part of the typical pay package is based on how much the stock price rises. Couldn't that same formula be slightly expanded to how much the stock price declines? That seems logical, but as far as I understand, it's not done. ESTHER LEVY Sherman Oaks
May 25, 2013 | By Tiffany Hsu, Los Angeles Times
In a dour end to Abercrombie & Fitch Co.'s difficult week, the teen retailer watched its stock slide by the largest margin in months after it reported a double-digit sales decline. The company's same-store sales in the U.S. plunged 17% in the first quarter, while its revenue sank 8.9% to $838.8 million. And although it narrowed its loss to $7.2 million, or 9 cents a share - from $21.3 million, or 25 cents, a year earlier - it still blew past Wall Street's expectation of a 5-cent loss per share.
August 17, 2012 | By Walter Hamilton and Jessica Guynn, Los Angeles Times
The deepening slide in  Facebook Inc.'s stock is fueling talk once considered implausible on Wall Street and in Silicon Valley. Should Mark Zuckerberg, the social media visionary but neophyte corporate manager, step aside as CEO to let a more seasoned executive run the multibillion-dollar company? In that scenario, Zuckerberg would remain as the creative force propelling Facebook's technological innovation. But the 28-year-old would cede the CEO title to someone better suited to overseeing operations and building rapport with finicky investors - mundane but essential duties for which Zuckerberg has shown little appetite or aptitude.
July 28, 2012 | By Walter Hamilton and Ryan Faughnder, Los Angeles Times
Think the plunge in Facebook's stock after its sluggish earnings report was bad? Wait until a torrent of new shares hits the market in a few weeks. Facebook will free up nearly 1.7 billion shares - four times the number now trading - starting next month as provisions that had barred employees from selling their holdings begin to expire. That could cause the latest migraine for dispirited Facebook investors, who watched in anguish as the stock was bludgeoned after Thursday's second-quarter earnings report.
September 9, 2000
A 23-year-old El Segundo student accused of sabotaging a company's stock by issuing a phony news release was freed Friday from a federal jail on $100,000 bail. Mark Simeon Jakob, an El Camino College student, is accused of a hoax that drove down the stock price of Orange County-based Emulex Corp. by 62%. Authorities estimate investors lost about $50 million collectively because of the false report, which was picked up by a major financial wire service and others.
April 6, 2014 | By Walter Hamilton
The stock market is hitting new highs - just as corporate profit growth is slowing to a crawl. Rising earnings helped drive share prices to a series of record peaks in the last few years. But that dynamic could be tested this week when companies such as Alcoa Inc. and JPMorgan Chase & Co. begin releasing first-quarter results. Quarterly profits are expected to drop for just the second time in four years. The decline would be relatively small: 1.2% for companies in the Standard & Poor's 500 index, according to FactSet Research Systems.
March 5, 2014 | By David G. Savage
WASHINGTON - Halliburton Co. and other U.S. corporations urged the Supreme Court to reverse a 26-year-old ruling that triggered an avalanche of class-action lawsuits by investors in publicly traded companies. But based on justices' comments Wednesday, it appeared they would fall at least one vote short of a major victory. Chief Justice John G. Roberts Jr. and Justice Anthony M. Kennedy explored the idea of a "midway" ruling that would make it slightly harder, but not impossible, to bring such suits.
January 9, 2014 | By Walter Hamilton
Snack-food maker Diamond Foods Inc. agreed to pay $5 million to settle allegations that the company cooked its books. The Securities and Exchange Commission alleged Thursday that Diamond boosted its earnings and stock price in 2010 and 2011 by systematically underreporting payments to walnut growers. The SEC also charged two former Diamond executives. QUIZ: How well do you understand the Fed stimulus? Michael Mendes, the former CEO, agreed to pay $125,000 to settle a charge that he should have known the accounting was bogus.
December 23, 2013 | By Chris O'Brien
The stock price of Apple Inc. climbed more than 3% in early trading on Monday one day after the company announced a breakthrough deal to sell the iPhone through China Mobile.  By midday, Apple's stock had risen $17.05 or 3.11% to $566.07. The latest rise follows a rocky year that saw the company's stock plunge from a high of $702.10 in September 2012 to $390 last spring. Still, investors will no doubt take heart that the stock is up from the same date one year ago, as well as being up from the $549.
December 17, 2013 | By Stuart Pfeifer
This year, even bad news has ended up boosting Herbalife Ltd. stock. The latest example is the company's accounting difficulties. KPMG resigned as Herbalife's auditor in April after one of its partners admitted to an insider-trading scheme involving the company's stock. KPMG withdrew its approval of Herbalife's accounting statements for 2010, 2011 and 2012, forcing the nutrition company to hire PricewaterhouseCoopers to re-audit those statements. On Monday, Herbalife said PricewaterhouseCoopers had completed its re-audit and made no material changes to the statements.
December 13, 2013 | By David G. Savage
WASHINGTON - The U.S. Supreme Court said Friday that it would decide whether employees who suffer big losses in retirement accounts can sue their company if it encouraged them to invest in the company's shaky stock. The justices will try to clarify who is legally responsible for investment losses in an era when most workers manage their own retirement accounts but do it through a plan sponsored by their employer. Federal law says that administrators of an employee retirement fund have a duty to act as "prudent" trustees.
January 24, 1991 | VICTOR F. ZONANA
The trading history of Topologix Inc., a Denver-based computer software concern that went public Oct. 4, 1988, for the equivalent of $1 a share, provides an example of how the defendants in the stock-rigging case unveiled Wednesday allegedly conspired to defraud investors. According to the indictments, the fix was in even before the new issue was underwritten by two of the defendants, Wakefield Financial Corp. and G. K. Scott & Co.
March 4, 2000 | From Bloomberg News
Borders Group Inc. said Friday that it hired Merrill Lynch & Co. for advice on ways to boost the book retailer's stock, which has fallen 70% in about two years. The No. 2 U.S. book chain is looking at such options as a leveraged buyout, a business combination with another company, or a recapitalization. The news sent Borders shares up $2.06, or 16%, to close at $14.94 on the New York Stock Exchange. The stock has tumbled from a peak of $39.
October 17, 2013 | By Tiffany Hsu
A group of black and Latino community leaders is calling on California Atty. Gen. Kamala D. Harris to launch an investigation into nutritional products maker Herbalife Ltd., accusing the Los Angeles company of being a pyramid scheme. The activists -- including members of the League of United Latin American Citizens, Southern Christian Leadership Conference, Congress of Racial Equality and more -- plan to make their case in a news conference in downtown Los Angeles on Friday. The group alleged in a release that Herbalife uses deceptive marketing and predatory business practices to lure minorities with “extraordinary rags to riches stories even though the vast majority of the participants caught up in the scheme lose money and quit within a year.” Herbalife officials have said that at least 60% of their distributors are Latino.
Los Angeles Times Articles